121 Moorpark Avenue Yanchep WA 6035

Burgess Rawson is pleased to offer to the market 121 Moorpark Avenue, Yanchep, WA for sale via Private Sale.

This opportunity has the following key investment highlights:
+ 30 Year net lease to G8 Education Ltd to 2053.
+ G8 Education Ltd (ASX:GEM): Australia's largest ASX-listed childcare provider, educating more than 46,000 children daily across 430+ locations.
+ Annual CPI reviews.
+ Tenant pays all outgoings including land tax and management fees.
+ State-of-the-art childcare centre licenced for 100 LDC places.
+ As new construction offering significant depreciation benefits.
+ Large 3,014sqm site strategically opposite the Yanchep Rise Primary School and within the recently developed Vertex Private Estate, underpinned by 580 allotments.
+Conveniently located in close proximity to ALDI and the Woolworths-anchored Yanchep Central Shopping Centre, as well as the newly expanded Yanchep Village Shopping Centre, boasting a $22 million investment. This expansion includes a brand-new Coles Supermarket and numerous other specialty stores. The area is further enriched by the presence of leading national retailers such as KFC, Hungry Jack's, and McDonald's.
+ Situated within an established education precinct (four schools within 1.8 kilometre radius) servicing more than 1,950 students.
+ Yanchep: one of Western Australia's fastest growing coastal municipalities located 50 kilometres north from the Perth CBD and with a population forecast to increase by 293% by 2041.
+ Child care/Early Education is an essential service and one of Australia's most sought-after asset classes, both the Federal and State Governments have allocated unprecedented funding to support this sector. In the 2023-24 period, the Federal Government is projected to contribute $12.7 billion in funding, plus an additional $4.7 billion dedicated to the Cheaper Childcare Reform which took effect in July 2023. This reform aims to enhance the affordability of early education and care for approximately 1.2 million families.^^^
+ Net Income: $295,359.63 pa + GST.

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

*Approx.
^^^ Australian Government Department of Education